Latest Vendor Earnings Show Growth In ASP-Delivered Portfolio Management Services

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London--The latest earnings figures from IT vendors show them the increasing importance of providing financial technology to end users remotely via the application service provider (ASP).

Earnings data from software vendors for the first quarter of 2000 indicate increases in revenue stemming from a strong uptake of ASP services, as well as an overall pick-up in demand for IT from investment management companies following the end of the Year 2000 procurement freeze. Many vendors are now

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